How Core Health & Fitness Improved Cash Flow and Collection Time
Core Health & Fitness is a global manufacturer of fitness equipment including Stairmaster, StarTrac, Nautilus and Schwinn brands.
Prior to automating their collections process, they had a lot of time-consuming manual touchpoints which kept them from getting paid on time. Learn how they automated using Esker and how they were able to:
- Increase receivables by 30%
- Achieve a 100% customer adoption rate
- Accelerate collections through root cause analysis, helping them identify why payments were late and addressing those causes immediately
- Improve collections current ratio from 65% to 95%
Learn how they were able to seamlessly implement a solution in just 6 weeks and how they are leveraging on-the-go access and automated payment reminders.
If you are looking for ways to modernize and digitized your AR and OTC processes, download the presentation.